Unilateral termination of a contract may constitute a breach of contract, and the company is liable for breach of contract and will need to pay compensation. Not a simple letter of notification that the contract is terminated, this letter is your company unilaterally terminate the contract constitutes evidence of breach of contract.

It is recommended that your company negotiate with the other party.

If the contract has expired, it will not be renewed, and there is no need to issue a termination letter.

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